Analysts expect AvePoint, Inc. (NASDAQ:AVPT – Get Rating) to announce ($0.04) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for AvePoint’s earnings. The highest EPS estimate is ($0.03) and the lowest is ($0.04). The firm is expected to issue its next earnings report on Monday, January 1st.
According to Zacks, analysts expect that AvePoint will report full-year earnings of ($0.03) per share for the current year, with EPS estimates ranging from ($0.04) to ($0.01). For the next financial year, analysts expect that the company will report earnings of $0.13 per share, with EPS estimates ranging from $0.03 to $0.22. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that that provide coverage for AvePoint.
Several research firms recently issued reports on AVPT. Cantor Fitzgerald began coverage on AvePoint in a research note on Tuesday, January 11th. They set an “overweight” rating and a $10.00 target price on the stock. The Goldman Sachs Group lowered AvePoint from a “buy” rating to a “neutral” rating and set a $7.00 target price on the stock. in a research note on Monday, March 21st. Finally, Zacks Investment Research raised AvePoint from a “hold” rating to a “buy” rating and set a $6.50 target price on the stock in a research note on Wednesday, March 23rd. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $11.56.
Shares of NASDAQ AVPT traded up $0.06 during mid-day trading on Friday, reaching $5.15. 1,594,156 shares of the company’s stock were exchanged, compared to its average volume of 1,629,306. AvePoint has a 52-week low of $4.78 and a 52-week high of $12.55. The company’s 50-day moving average is $5.48 and its 200-day moving average is $6.62.
About AvePoint (Get Rating)
AvePoint, Inc provides Microsoft 365 data management solutions worldwide. It offers a suite of SaaS solutions to migrate, manage, and protect data. The company provides cloud solutions for Office 365, Salesforce, and Dynamics 365; and hybrid/on-prem products. It also offers advisory and implementation, maintenance and support, Microsoft Teams surge and advisory, migration as a service, and quick start services.
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